Convenience store for sale

Available for sale is a well-established convenience store located in Kingston upon Hull, East Riding of Yorkshire. This fully licensed shop has been operational for three years and has proven to be a profitable venture, boasting an annual turnover exceeding £200,000. With a lease of 15 years and an affordable monthly rent of just £800, this is an attractive opportunity for prospective buyers looking to invest in a thriving business.

The convenience store is well-equipped to cater to customer needs, featuring modern refrigeration units that support a wide selection of perishable goods. The product range is diverse, including a variety of beverages, both non-alcoholic and alcoholic, designed to appeal to a broad customer base. Stocked with essential grocery items and an assortment of snacks, the well-organized shelves enhance the shopping experience. The spacious layout allows for smooth customer flow and easy browsing, complemented by its strategic location that ensures high foot traffic and consistent visitor numbers.

Key Features

The business benefits from a number of impressive attributes that make it a valuable investment: low overhead costs due to affordable rent, an alcohol sales licence, and a current turnover of £182,000, which provides a strong foundation for future growth. Potential buyers will also appreciate the attractive leasehold price of £50,000, presented for a quick sale, making it an excellent opportunity for those looking to enter the retail sector. Furthermore, the business includes essential fixtures and fittings, such as three freezers, four fridges, and one chiller, all of which are vital for operations.

Location and Amenities

The store's prime location is further enhanced by nearby amenities, including bus stops and pubs, which attract a steady stream of customers. This positioning not only boosts foot traffic but also provides ample visibility to passers-by. The lack of business rates currently applicable to the store is an additional advantage, enabling enhanced profitability.

As a well-rounded investment opportunity, this convenience store offers significant potential for high weekly turnover. While the business currently operates without an online presence, there is excellent scope for future digital growth, should the new owner choose to explore online sales options. With two employees supporting operations, the transition to new ownership can be smooth, providing you with an immediate opportunity to capitalise on this thriving business.

Contact for Viewing

Appointments for viewings are available, providing potential buyers the chance to experience the store firsthand. Don't miss this profitable investment opportunity in a promising market—the ideal chance to step into a successful retail environment.